Egypt's central bank plans to float the United Bank of Egypt, in which it holds a 99 per cent stake, in an initial public offering, Governor Tarek Amer said on a talk show.
The United Bank was formed out of the merger of three

Etisalat, a leading telecom operator in the Middle East, has partnered with top retail bank United Bank Limited (UBL) by extending Etisalat Payment Gateway services to Pakistan.
Enterprises can now serve Pakistan-based merchants c

Bahrain-based United Gulf Bank (UGB) said the US Securities and Exchange Commission (SEC) had dropped charges against the bank related to a case of share manipulation by a Kuwaiti financier.
"(The SEC) has filed an amended complaint and so